CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) Short Interest Down 73.4% in May

CoreValues Alpha Greater China Growth ETF (NYSEARCA:CGRO) was the target of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,592 shares, a decline of 73.4% from the May 14th total of 9,736 shares. Approximately 3.2% of the company’s shares are short sold. Based on an average daily volume of 3,650 shares, the days-to-cover ratio is presently 0.7 days.

CoreValues Alpha Greater China Growth ETF Price Performance

CoreValues Alpha Greater China Growth ETF stock traded up $0.02 during mid-day trading on Thursday, reaching $21.73. 128 shares of the company traded hands, compared to its average volume of 1,075. CoreValues Alpha Greater China Growth ETF has a 52-week low of $21.53 and a 52-week high of $32.22. The firm’s 50 day moving average price is $23.69 and its 200 day moving average price is $25.47. The firm has a market capitalization of $1.74 million, a price-to-earnings ratio of 20.05 and a beta of 0.20.

About CoreValues Alpha Greater China Growth ETF

The CoreValues Alpha Greater China Growth ETF (CGRO) is an exchange-traded fund that mostly invests in total market equity. The fund seeks long-term capital appreciation by actively investing in 30 to 40 Chinese companies operating in high-growth sectors. The portfolio is constructed using core values approach that considers US national security, American values, and national interests. CGRO was launched on Oct 16, 2023 and is issued by CoreValues Alpha.